Global Financial Crimes Specialist

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

• Support the Brazil MLRO in performing compliance and risk activities, including:
  • Drives the enhancement of strategic enterprise risk management capabilities through modeling and supporting the needs of the GFC - Global Financial Crimes in an integrated and efficient manner.
  • Establishing model development procedures, analyses, reporting, and in establishing procedures to ensure adherence to policies.
• Executing governance and management routines, including development of metrics.
• Assisting with preparation for, and participating in, financial crimes related regulatory exams and audits.
• Supports the development and execution of reporting to allow the MLRO and other risk managers to effectively identify and manage risk.

• Ability to read and interpret regulatory guidance.
• Experience with model risk management and or model validation. Experience with transactional scenarios modeling is a plus.
• Data Analytical Skills including Data Infrastructure, Development, Implementation Experience; understanding of data environments.
• Experience navigating across diverse teams, functions, business units and lines of defense.
• Proficiency with MS Office programs including strong Excel expertise.
• Understanding of monitoring, testing and/or quality assurance processes.
• Identifying, aggregating, reporting and escalating financial crimes risks, issues and control enhancements.
• Certified Anti-Money Laundering Specialist (CAMS) certification.